Elon Musk suggests new Tesla gigafactory to be built in England
Elon Musk pledged that he would seriously consider England as a location for a Tesla megafactory. This comes at a…
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M&S celebrates turnaround strategy with sales increase
Marks & Spencer smashed its annual profit expectations and announced that it would reinstate a modest dividend…
SSE announces investment plans of £40bn as profits soar
SSE reported a near double of its annual profit as its gas-fired plants and gas storage facilities cashed in during…
Markets are frightened by fears of future rate increases
London's stock exchange fell sharply in the morning after inflation figures renewed concerns that Bank of England…
UK inflation drops to 8.7% but food prices continue to rise
In April, consumer prices rose at the slowest pace in an entire year. However, key price measures continued to…
Zoom increases revenue and profit forecast
Zoom's revenue and profit projections have been boosted amid a robust demand by companies looking to implement…
SSP sales soar in American airports
After a strong performance by its North American operations, the catering group behind Upper Crust & Caffe…
Patrick Drahi increases his stake in BT, but will not make an offer
Patrick Drahi, the telecoms tycoon who owns almost 25% of BT, has said he does not plan to make a bid for Britain's…
UK borrowing increases by more than expected due to higher debt bill
Inflation, which has remained stubbornly high, is forcing the government to increase its debt interest payments.…
Apple increases US chip sourcing through multi-billion dollar Broadcom deal
Apple and Broadcom have struck a "multibillion-dollar" agreement for the chip company to provide 5G components made…
Wagamama owner faces shareholder revolt over pay, appointments and promotions
Hedge funds that are activists have led a revolt among shareholders over the pay and appointments of executives at…
US Congress: How investment funds have become the new risk for insider trading
Steve Daines, a Republican from Montana, spoke at an hearing of the Senate Banking Committee in March of last year…
Bank of England says it has’very important lessons to learn’ after…
After the Bank of England failed to predict the recent rise in inflation, the governor of the central bank has…
UK’s inflation rate may fall at the fastest pace in 30 years
The UK's inflation rate will likely fall by the most in over 30 years on Wednesday when the April figures are…
Fund of $793 Billion Bets on US Debt Drama Rerun
PGIM Fixed income has spotted a chance to bet the next crisis as US politicians discuss ways to avoid a historic…
O’Leary: BP and Shell are racing to expand their European operations after…
Michael O'Leary claims that BP and Shell have "very high expectations" for investing in the EU following Brussels'…
Tufan Erginbilgic: Rolls-Royce’s core division was mismanaged
Rolls-Royce's new CEO has slammed the company for its poor performance. He said that one of their core divisions…
China bans Micron Products over Security Risk
China has banned the purchase of memory chips by operators of China's key infrastructure from Micron Technology.…